Ex-Channel 4 boss bets on resurrection for Bebo

Bebo, once the UK’s most popular social networking site, is relaunching with a new design and extra features that it hopes will reverse the decline in user numbers.The website’s US owner, which bought it from AOL last year, has tapped new advisers and new investors, including the former BBC One and Channel 4 controller Michael Jackson, to help prepare the revamp. Mr Jackson took a stake believed to be between 5 and 10 per cent.
http://www.independent.co.uk/news/business/news/exchannel-4-boss-bets-on-resurrection-for-bebo-2266556.html

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